Other states say nightly rental escrow works

(Park Record) Nightly-rental companies that commingle funds are unethical; that's the consensus of several vacation rental management association officers both in states that regulate the industry and ones that don't. A few added they have no problem working within laws that require separate trust accounts for advance-reservation deposits.

Recent statements by community leaders that regulation was not necessary or needed in Utah angered some Park City condominium owners from other states. Several hundred owners are still owed money from when the city's two largest property managers went out of business last year.

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